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Bearish trend in north India's cotton yarn, prices down in Ludhiana

07 Mar '24
4 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In north India, the cotton yarn market is experiencing a downturn, particularly in Ludhiana, where prices dropped by ₹2 per kg due to profit-booking and payment concerns.
  • The market is cautious with buyers avoiding new purchases to circumvent payment liabilities for small enterprises.
  • Cotton prices remained steady in Delhi despite average demand.

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